Aspen Pharmacare Targets Canadian Market with Ozempic Generic by Q3 2026
Aspen Pharmacare, a South African drugmaker, plans to enter the Canadian market with a generic version of Novo Nordisk’s blockbuster diabetes and weight-loss drug Ozempic by the third quarter of 2026. The move aims to capitalize on the soaring demand for GLP-1 receptor agonists amid a global shortage of the branded medication. The company is […]
Iran Warns European Nations Will Be ‘Legitimate Targets’ if They Join Conflict
Iran has issued a stark warning to European nations, declaring they will become “legitimate targets” if they intervene in the ongoing conflict. The statement, delivered by Iran’s deputy prime minister, marks a significant escalation in rhetoric amid rising tensions in the region. The warning comes as geopolitical friction intensifies, with Iran positioning itself against potential […]
Trump Predicts Imminent Fall of Cuba, Signals Potential Deal in CNN Interview
President Donald Trump declared that Cuba is on the verge of collapse, predicting it will “fall pretty soon” during a phone interview with CNN on Friday. He also hinted at ongoing discussions, suggesting the Cuban government is eager to negotiate a deal with his administration. In the conversation with CNN’s Dana Bash, Trump expressed confidence […]
Strangers in Nairobi Are Watching Everything Your Meta Glasses See
Meta Platforms (Nasdaq: META) faces mounting legal and regulatory pressure over its Ray-Ban AI glasses after a joint investigation by Swedish newspapers Svenska Dagbladet and Göteborgs-Posten found that data annotators at Sama, a Kenya-based subcontractor, reviewed sensitive footage from users’ glasses — including people undressing, using the toilet, and engaging in sexual activity — without […]
US Treasury Quietly Lifts Sanctions to Free Stranded Russian Oil Bound for India
The US Treasury Department quietly issued a new general license, authorizing Indian refineries to purchase millions of barrels of Russian crude oil sitting in floating storage — a move that unlocks frozen revenue for Moscow without requiring any concessions on the Ukraine war. The Office of Foreign Assets Control issued General License 133, clearing the […]
Caught in a War They Didn’t Choose, Gulf States Eye US Investment Pullback
Saudi Arabia, the United Arab Emirates, Kuwait and Qatar are conducting internal reviews to determine whether they can invoke force majeure clauses in existing contracts with the US and pull back on future investment commitments, as the ongoing US-Israeli war against Iran batters their economies and infrastructure. A Gulf official told the Financial Times that […]
Russia Reportedly Providing Iran With Intelligence To Target US Forces
Russia is supplying Iran with intelligence to target U.S. forces in the Middle East, according to a Washington Post report citing unnamed U.S. officials. The collaboration marks a significant escalation in Moscow-Tehran military ties amid heightened regional tensions. The intelligence sharing, as detailed in the report, focuses on potential vulnerabilities of American troops and assets […]
US Weighs Shorting Oil Futures to Fight Price Surge
Washington is preparing to wade directly into the oil futures market, with a senior White House official confirming on March 5 that the Treasury Department plans to roll out a package of measures targeting surging energy prices as early as Thursday. If true, the proposed action would have the government take trading positions in commodity […]
Carbon Policy Limbo Stalls $8.25B Canadian Natural Oil Sands Expansion
A standoff over carbon pricing and methane regulations is freezing major investment in Canada’s oil sands, as Canadian Natural Resources Ltd. (NYSE: CNQ) suspended its $8.25-billion Jackpine mine expansion Thursday, pointing directly at Ottawa and Edmonton’s failure to finalize industrial emissions policy. Company president Scott Stauth told investors the project was on hold “due to […]
Bank of Canada Pilots $100M Tokenized Bond With TD And RBC
The Bank of Canada has completed Project Samara, a tokenization pilot that tested whether blockchain-based infrastructure could improve government bond issuance and settlement. At the center of the experiment was the first tokenized bond in Canada settled in wholesale central bank deposits. Export Development Canada, the government-run trade finance unit, issued a single three-month, $100 […]